
Cuba Celebrates Historic Agreement With Major League Baseball
published Dec 19, 2018, 5:04:41 PM, by Maria Jose Valero and Eben Novy-Williams(Bloomberg) — Cuba celebrated a game changing agreement with Major League Baseball that will give Cuban baseball players a legal path to sign with teams in the U.S. “It’s a historic day,” Cuba’s ambassador to the U.S., Jose Ramon

More Than One Reason Traders May Have Disliked the Fed’s Message
published Dec 19, 2018, 5:14:57 PM, by Emily Barrett(Bloomberg) — Traders seemed to agree that they didn’t like what they heard from the Federal Reserve at its final meeting for the year, but exactly what caused most offense in markets was less clear. Stocks dropped and Treasuries rallied after the central

China’s Billionaire Factory Faces New Risks in the Trump Era
published Dec 17, 2018, 9:48:11 AM, by Blake Schmidt(Bloomberg) — Shenzhen, ground zero for China’s economic opening, has never had it better. But the glittering megacity is also poised to face a string of new threats in an era of increasingly contentious international relations. The Chinese city, in the Pearl River

Oil Spirals Below $47 as Dark Clouds Envelop Demand Outlook
published Dec 18, 2018, 4:43:52 PM, by Alex Nussbaum(Bloomberg) — Economic jitters and surging supplies from the U.S. to Russia hammered oil again, with crude suffering its biggest decline in more than three weeks. Futures slid 7.3 percent in New York on Tuesday, putting prices on track for their worst quarterly

Japan’s Exports Hold Up as Trade-War Risks Cloud the Outlook
published Dec 18, 2018, 6:03:45 PM, by Yuko Takeo(Bloomberg) — Japan’s exports eked out a tiny gain in November, yet the longer-term outlook remains clouded by trade-war risks and easing demand in China. The value of shipments abroad rose 0.1 percent from a year earlier, broadly in line with a forecast

ICE Detainees Sue U.S. Over Restricted Access to Lawyers
published Dec 17, 2018, 2:03:23 PM, by Edvard Pettersson(Bloomberg) — Three immigrants held by U.S. Immigration and Customs Enforcement in Southern California detention centers sued the Department of Homeland Security, claiming they’re being denied proper access to lawyers while they fight the government’s attempt to remove them. The men said in

Dow Plunges Over 600 Points, S&P Hits 2018 Low: Markets Wrap
published Dec 17, 2018, 2:50:52 PM, by Sarah Ponczek and Vildana Hajric(Bloomberg) — U.S. equity indexes continued a slide toward their lowest close in 14 months as investors weighed the impact of the Federal Reserve on growth in an economy already anxious over trade, geopolitical tensions and a possible government shutdown.

Trump Said Not to Commit to Extraditing Turkish Cleric Gulen
published Dec 17, 2018, 3:47:04 PM, by Justin Sink and Margaret Talev(Bloomberg) — President Donald Trump didn’t commit to Turkish President Recep Tayyip Erdogan that he would extradite a U.S.-based religious leader Turkey has accused of instigating an attempted coup, a senior White House official said. Turkish Foreign Minister Mevlut Cavusoglu

Trade Detente-Fueled Rally Fades Amid Weak China Data: EM Review
published Dec 16, 2018 2:00:00 PM, by Yumi Teso and Aline Oyamada (Bloomberg) — Emerging-market stocks and currencies slid as disappointing economic data from China reinforced concerns about the outlook for global growth, outweighing positive trade developments. Asset Moves as of 4:20 p.m. in New York on Friday Weekly MSCI EM

Saudi Arabia Denounces U.S. Senate Measure on Crown Prince: Spa
published Dec 16, 2018 5:04:00 PM, by Zaid Sabah (Bloomberg) — The kingdom of Saudi Arabia denounces the recent position of the U.S. Senate, which was based on baseless allegations and accusations, including blatant interference in its internal affairs, state-run SPA reports, citing a statement issued by unidentified official at